Business Matters | How can EU’s carbon tax hurt India? | The Hindu

From the past, there is always a sheer transition and evolution from a highly polluting cycle to less emission mechanism. If CBAMs are imposed, it could possibly pave way for innovations to bolster further optimizations and reductions in carbon emissions. Thank you Sir

You video is the best I can find to help me understand the CBAM.

Very good presentation sir . Will be looking forward to such educative videos 🙏🏽

Why should India bearing the burden of extra carbon emission to export Europeans. they are getting the essential raw materials so they have to pay the price. otherwise increase the price of raw materials..

This should act as an incentive for India reduce its carbon footprint.

Right decesion sir

Any measure seeking to impose tariff or non tariff barriers must be predicated upon common but differentiated responsibilities. CBAM or other versions of such protectionist measures under the garb of sustainability smacks of climate justice. It's time that the western world sheds it's hypocrisy on climate change and fulfil its climate finance and technology transfer obligations that it has reneged for many years now. For the developing and the least developed world it is equally imperative to shore up adaptation efforts and gradually reduce dependence on fossil fuels through adopting sustainable lifestyles. A global partnership between the developed countries and the emerging economies is the need of the hour for arriving at a lasting solution to the climate conundrum.

It would only increase costs manifold making already inflation battered economies more vulnerable leading to a collective collapse. Addressing Carbon leakage should be a collective responsibility and we don't see much cooperation in that direction, instead, framing such unrealistic regulations and taxes much before the efforts to reduce emissions, is not well thought out.

If the EU must levy a carbon tax on India, then India should make the UK pay the reparations! There shall be no other way around it!!

Tq😊

Thank you sir.

EUROPEAN UNION itself in big trouble . If they stop importing they only suffer . This is EU last resort to generate money without any hardwork . Both EU and US thrived on reserve currency status. These economies are thriving, and they print their currencies endlessly just because of reserve currency status so inflation can be passed to those who kept these currencies as reserve. For example to Print a 100 $ bill it takes just 17 cents which is equal 2.55 rupees . Once the 100 $ bill gets printed and comes to market, to get that bill we have to offer INR 8200 equivalent of goods and services. Simlar case for EURO . As per the latest paper issued by Chinese external ministry, China is systematically stopping export to west. By 2024 de Dollarization happens EU will end up in extreme poverty as the world moves to a new pegged currency. ( BRICS) Germany for instance already moved to coal to produce electricity. And EU lecturing rest of the world

If everyone has to play a fair game towards a more sustainable world. Balance is the key. So, if CBAM is levied on importing countries then find a similar mechanism which will bring all or some percentage of the taxed money back to the imported countries to make the production more sustainable in the future thus overarching goal is met. Since the EU is in the forefront of taking climate actions they must be adept in understanding the new mechanism. It will not be economically viable for them but definitely meets the overarching goal.

Developed economies realisation of developmental brim, hence entering into alternative ways like regulatory mechanisms (just creating documents) to swindle and sustain (middle class - otherwise called) "developing economies"....

We should try for anti carbon tax and should focus for nature india should not be guru but india should be oxygen of the world

The Europeans has been exploiting since time immemorial and till now they somehow manage to exploit.Those affected countries should raise the price of export goods.

Tarrif should be levied by developing countries on Developed countries who had done a great damage due to which we are facing climate change.

If the final tax is to be imposed on EU importers then how will Indian Exporters be impacted? Pls explain

FTAs is with UAE not UK ..

Excellent..let us impose a "Common sense Tax", & an "Ex colonizer" tax on these holier than God specimens